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Quantum Materials Corp. QTMM
Posted On: 10/28/2015 11:05:53 AM
Post# of 22467
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Posted By: SUNYN75
Re: chessmite #1814
so 2 personnel changes and correcting an omitted valuation change.

(b)
Financial
Statement
Schedules:
Schedule II - Valuation and Qualifying Accounts
Additions
Charged to
Balance at beginning
costs and
Charged to
Balance at end
For the year ended
of period
expenses
other accounts
Deductions
of period
June 30, 2014
Valuation allowance on deferred tax assets
$
5,850,130
$
1,391,737
$
—
$
—
$
7,241,867
June 30, 2015
Valuation allowance on deferred tax assets
$
7,241,867
$
1,143,328
$
—
$
—
$
8,385,195
All other financial schedules are not required under the related instructions, or are inapplicable and therefore have been omitted













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